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201804334
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12/9/2019 6:29:02 PM
Creation date
7/6/2018 4:05:26 PM
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DEEDS
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201804334
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NEBRASKA - Single Family - FHA UNIFORM INSTRUMENT <br />C 2004-2018 Compliance Systems, Inc. 60918d5d- 8b110767 - 2018.98.0.8 <br />Single Family Real Estate - Security Instrument DL2047 <br />!ill 1 HI 1111111 <br />201804334 <br />Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or <br />restoration. <br />If condemnation proceeds are paid in connection with the taking of the property, Lender shall apply <br />such proceeds to the reduction of the indebtedness under the Note and this Security Instrument, first to <br />any delinquent amounts, and then to payment of principal. Any application of the proceeds to the <br />principal shall not extend or postpone the due date of the monthly payments or change the amount of <br />such payments. <br />Lender or its agent may make reasonable entries upon and inspections of the Property. If it has <br />reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall <br />give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable <br />cause. <br />8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, <br />Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge <br />or consent gave materially false, misleading, or inaccurate information or statements to Lender (or <br />failed to provide Lender with material information) in connection with the Loan. Material <br />representations include, but are not limited to, representations concerning Borrower's occupancy of the <br />Property as Borrower's principal residence. <br />9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) <br />Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) <br />there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights <br />under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or <br />forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to <br />enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay <br />for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under <br />this Security Instrument, including protecting and/or assessing the value of the Property, and securing <br />and /or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums <br />secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) <br />paying reasonable attorneys' fees to protect its interest in the Property and /or rights under this Security <br />Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, <br />but is not limited to, entering the Property to make repairs, change locks, replace or board up doors <br />and windows, drain water from pipes, eliminate building or other code violations or dangerous <br />conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, <br />Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender <br />incurs no liability for not taking any or all actions authorized under this Section 9. <br />Any amounts disbursed by Lender under this Section 9 shall become additional debt of Borrower <br />secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of <br />disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting <br />payment. <br />If this Security Instrument is on a leasehold, Borrower shall comply with all the provisions of the <br />lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge <br />unless Lender agrees to the merger in writing. <br />10. Borrower Not Third -Party Beneficiary to Contract of Insurance. Mortgage Insurance reimburses <br />Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not <br />repay the Loan as agreed. Borrower acknowledges and agrees that the Borrower is not a third party <br />beneficiary to the contract of insurance between the Secretary and Lender, nor is Borrower entitled to <br />enforce any agreement between Lender and the Secretary, unless explicitly authorized to do so by <br />Applicable Law. <br />Rev. 9/15 <br />Page 7 of 14 www.compl an sy tem com <br />III III II II III 111 III 1 11 VIII III11 I I III I 11 U 1 11 1 1 <br />S D L 2 0 211„ 1 1 3 4 7 4 a72 2* <br />S e. /4- <br />
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